Business

The EBRD acquires stake in Romania`s Black Sea Oil & Gas SRL
The project envisages the construction of five offshore production wells, a submarine gas production system, an offshore production platform, 126 km offshore and terrestrial gas pipeline, and a shore-side processing facility. ... more
Five Romanian cities modernize their water and wastewater services
Romanian citizens and the environment will benefit from a EUR 25 million investment for the improvement of water supply and wastewater treatment, as well as reduction of water losses. ... more
A new factory of Zumtobel group officially launched in Nis
The new plant in Nis will be designed for the production of LED lighting products and LED drivers, which will be mainly for the markets of Central and Eastern Europe as well as the Middle East. ... more
Clariant to open a new sunliquid cellulosic ethanol plant in Romania
The flagship technology developed by the company is being used on an industrial scale for the first time. ... more
New financing for Bulgaria’s Biomashinostroene
The EBRD will finance Bulgarian Biomashinostroene with EUR 4,5 million loan. The company will invest the funds to expand its operations. ... more
Turkish acrylic producer Aksa Akrilik receives financing to boost energy efficiency
The Turkish acrylic producer Aksa Akrilik will be financed with a multi-currency financing package worth almost USD 95 million with a seven-year maturity by the European Bank for Reconstruction and Development (EBRD). ... more
Winbond introduces blazing fast 1Gbit serial NAND flash IC for automotive market
Winbond Electronics Corporation, a leading global supplier of semiconductor memory solutions, has announced the introduction of a High-Performance Serial NAND Flash memory IC. ... more
Trans Adriatic Pipeline gas project receives up to EUR 500 million financing
The European Bank for Reconstruction and Development (EBRD)’s board of directors has approved a loan of up to 500 million Euros for the Trans-Adriatic Pipeline (TAP) gas project at a meeting in London. ... more
Transgaz and Eustream signed an agreement on the development of Eaststring
The General Manager from the Transgaz National Gas Transport Company - Ion Sterian and Rastislav Nukovic, General Manager of Eustream, announced the signing of a memorandum of understanding regarding the development of the Eastring gas transport corridor on the two countries’ territories, according to a press release of Transgaz sent to the Bucharest Stock Exchange (BVB). ... more
RAIS opened a new manufacturing facility in Bulgaria
On May 17 2018 RAIS, a leading manufacturer of CNC machine tools and metalworking equipment, opened its new manufacturing facility on the territory of Pazardzhik. The plant occupies a total area of 3800 square meters in a new industrial area, in close proximity to the company’s current production facility. Two workshops, a showroom and an administrative building were set up with training and staff qualification halls with a total value of BGN 8,6 million. ... more
Romanian logistics park receives European funding for expansion
The logistics park CTPark, situated on the A1 Bucharest-Pitesti motorway 2 km away from the Romanian capital Bucharest, will receive a financing package of 96 million euro from the European Bank for Reconstruction and Development (EBRD) and ING Romania bank. ... more
Nevsun to invest 590 million dollars in a new copper-gold mine in Serbia
The Canadian company Nevsun Resources held a ground breaking ceremony in the Cukaru Peki zone of the Timok project in Bor, Serbia, commemorating the start of a new copper-gold mine. ... more
NIS continues with the modernization of the Pancevo Oil Refinery
The next phase of the modernization of Pancevo oil refinery in South Vojvodina, Serbia, was marked with an official ceremony at the facility site. ... more
NIS continues with the modernization of the Pancevo Oil Refinery
The next phase of the modernization of Pancevo oil refinery in South Vojvodina, Serbia, was marked with an official ceremony at the facility site. The new stage of the project, implemented by Naftna Industrija Srbije (NIS), includes the construction of a Bottom of the Barrel plant with a delayed coking technology. ... more
EBRD and EU jointly helping SMEs in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) and the EU announced that their joint two-year program, supporting the competitiveness of small and medium enterprises in Bosnia and Herzegovina, has been successfully implemented so far. During the first one and a half years of the program the two institutions have granted small businesses in the Balkan country multiple small loans amounting to a total of 15,7 million euro. Candidates in the project are expected to receive about 4 million euro ... more

LATEST issue 2/2022

issue 2-2022

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Preparations underway for MAKTEK Eurasia 2022

Preparations underway for MAKTEK Eurasia 2022

The scope of the fair encompasses automation systems, CAD/CAM/CAE & PLM software, CNC and conventional metalworking technologies, CNC control systems, cutting tools/holders, heat treatment equipment, Industry 4.0 and IIoT systems ... more
9th edition of Supply Chain & Logistics Expo to be held in October 2023

9th edition of Supply Chain & Logistics Expo to be held in October 2023

The 3 main areas of the exhibits are transport services and logistics, warehouse equipment and technologies, commercial vehicles and green transport ... more
Eco Wave 2022 to showcase latest technologies for the green economy

Eco Wave 2022 to showcase latest technologies for the green economy

Visitors of Eco Wave are managers and executives responsible for strategic planning and procurement, government officials, experts, researchers, technicians, media representatives, and others ... more
WorldFood Istanbul to be held for the 30th time

WorldFood Istanbul to be held for the 30th time

The 29th WorldFood Istanbul which was held in 2021 became the largest exhibition on square meter basis in its history and it achieved great success by reaching the highest number of visitors ever ... more

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